Rise Credit
Rise Credit Overview
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Rise Credit has 1.6 star rating based on 232 customer reviews. Consumers are mostly dissatisfied.
- Rating Distribution
Pros: Rapid funding of loans, Installment plan, Next day bank deposit.
Cons: Lying and deceptive practices, Customer service, High interest rate.Recent recommendations regarding this business are as follows: "Rise would be a good option if you need help.", "DO NOT DO BUSINESS WITH COMPANY", "Don't use Rise.", "DO NOT BORROW FROM THIS COMPANY - LOAN SHARKS", "Pick another company".
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Rise Credit has 1.6 star rating based on 232 customer reviews. Consumers are mostly dissatisfied.
- Rating Distribution
Pros: Rapid funding of loans, Installment plan, Next day bank deposit.
Cons: Lying and deceptive practices, Customer service, High interest rate.Recent recommendations regarding this business are as follows: "Rise would be a good option if you need help.", "DO NOT DO BUSINESS WITH COMPANY", "Don't use Rise.", "DO NOT BORROW FROM THIS COMPANY - LOAN SHARKS", "Pick another company".
Most users want Rise Credit to offer a solution to their issues.
Consumers are not pleased with Location and Billing Practices. The price level of this organization is high according to consumer reviews.
Media from reviews
Stay Away - Predatory
Preferred solution: They have been told what I want.
Fraud-breach of contract
I originally got a loan from Rise credit for 3/22/21 my first payment was not due till 4/2/21 in the amount of $169.26, but i made a $200 payment 3/29/21 to which only $42.38 were applied to principal. But that's besides the point...
4/1/21 I attempted to make another payment of $200 to lower the balance and my account was locked "DUE TO FRAUDELENT ACTIVITY" i called in and the representative advised me the account would be unlocked within 24 hours. It wasn't. Today i attempted to make another payment but my account remains locked, mind you my payment isnt due till 4/16/21, i called in spoke to Claudia, she told me the account was locked and she couldn't unlock it, that i would have to mail in a payment. Well, i then asked her if if my payment would be debited as signed in the agreement on the 16th, she didnt know so she said she would call me back, she did, but said the payment wouldn't be drafted as AGREED TO in the contract.
I asked to speak to a manager, i was transferred to Alexa extension 4229, she reiterated that i would have to mail in a payment, only now she added i would have to send it certified mail, and within two consecutive payments, i would have my account unlocked, i advised her i was out of country and could not obtain temporary checks as i dont have any, she just kept apologizing that that's all she could do, i asked to speak to management to which i was transferred to David employee id (1631) manager on duty, i told him i didn't sign for payments to be mailed, i signed and authorized payments to be debited, he again told me i had to mail in payment and that the rep i originally spoke to last week could not unlock my account because they had no access to do so( HE CONFIRMED HE LIED). I told him if he could show me where in the original loan documents it stated i would have to mail payment and he said its not on there. To which i told him when was someone from Rise going to contact me to advise me that my payment would not be drafted... you were going to wait for me to accrue more interest and late fees...
to which he responded well dothat's why you should check your account online... i told him why would i need to be checking my account online if the payments are set to be auto debited. my account online only says the account is locked... does not state my payment will not be debited...
this is a breach of contract, and i now know why...
to accrue more interest and fees. Terrible company to do business with .
User's recommendation: DO NOT DO BUSINESS WITH COMPANY
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified ReviewerMy Experience
User's recommendation: Rise would be a good option if you need help.
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer | Saint Louis, MissouriResolved: CREDIT REPORT DISPLAYING INCORRECT STATUS
Because DMB financial let my account go into past due status and did not start payment on the agreement into 3 months afterwards, RISE Credit cannot remove the derogatory status because of the lateness of payment which will stay on my credit report for at least 5 years. the credit report now lists me as Paid upon agreement but a negative reporting.
Do not do business with DMB Financial. They lie and tell you it helps build your credit rating but DMB just makes it worse..
Rise Credit is a rip off
I got a lone from Rise the amount I won't discuss, but when I saw their payback plan it looked good, and the APR was suppose to be a little high not almost 400% APR. So I am screwed paying this lone back for 36 month but not knowing that they are charging me interest per day on that lone on top of my High APR so the monthly payment that I am making don't even make a dent it the bill, giving them more money.
I estimated that in the 36 months I will have paid them almost 10,000 dollars after that 36 months. I don't recommend this loan company it is a Loan Shark company and will *** every chance they get.
Sure you get the money but you are double dipped by them and that is sneaky, I am going to research this more and see if I can fight the interest that they are charging me per day. Stay Away From RISE CREDIT.
High interest
I contacted Rise. They only respond with email.
They said that I was we'll aware of the high interest when I applied. I'm paying them off before the end of the year to get rid of them.
Don't use this company. A $4G loan will cost you $40G.
- Ease of use
- High interest rate
- Impossible to pay off debt
Preferred solution: Full refund
User's recommendation: Don't use Rise.
VERY UNPROFESSIONAL AND SCARE TACTICS ARE UNETHICAL
User's recommendation: DO NOT BORROW FROM THIS COMPANY - LOAN SHARKS
Unhappy with the company
User's recommendation: Pick another company
You are NOT REALLY PREAPPROVED
- Deceptive lending
Preferred solution: Let the company propose a solution
They are great
Deceptive Lending!
- Fast funding
- Deceptive lending
- No application of principal
Preferred solution: Price reduction
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified ReviewerMultiple methods of delay and frustration wow very unprofessional
Extremly poor
CANNOT GET APPLACATION TO WORK
Preferred solution: Let the company propose a solution
RISE Rejected Full Repayment, Opting Instead to Sell Account
- Unfair debt collection practices
Preferred solution: Let the company propose a solution
RIPPED OFF!
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It sounds like you’ve had a poor experience. Please email us at rise_spokesperson@***.com so we can look into this for you. Your RISEcredit.com Team